Home » today » Business » In Switzerland, the dream of owning a home is falling more and more often In Switzerland, the dream of owning a home is falling more and more often December 1, 2021 by world today news The Raiffeisen Group believes that the fact that fewer and fewer households can afford their own home in Switzerland is problematic. Home ownership should not become the privilege of a few. — – Those who live in their own home save a lot of money. However, fewer and fewer households meet the criteria to be able to buy one. Christoph Ruckstuhl / NZZ – In Switzerland, there are comparatively strict rules when it comes to financing home ownership: banks are only allowed to grant mortgages to customers who have at least 20% equity, only half of which may be pension fund money. Prospective homeowners also have to earn enough to be able to pay the mortgage interest even if it were to rise to 5%. It has also been mandatory since 2014 that mortgages that account for more than 66% of the lending value must be amortized linearly within 15 years. At the beginning, the financing may not exceed 80% of the estimated value. – Related posts:Burger King Brazil Introduces Limited-Time Barbie Burger and Pink Sauce PromotionOtto Hahn Medal for young researchers from the Max Planck Institute for ChemistryFew people know that this 1 euro coin could be worth almost 100,000The prices of the most expensive cars on the Baltic car advertisement sites range from 120,000 to 45...Share this:FacebookX Related call for donations for the New Year’s Eve of the dislodged and destitute The Suns perfection, the Nets kings of New York Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: